4.5.4 Macroeconomic policies in a global context Flashcards
Nigeria’s underemployment rate
10.6% in q1 2024
What is Nigeria’s poverty rate
38.7%
What is the number of people in Nigeria who are below poverty line
87 million people
When did inflation rise when interest rates fell
start of 2025 interest rates fell from 4.75% to 4.5% but inflation rate rose from 2.5% to 3 %
How much is the uk government reducing the amount it spends on international aid
It has fallen from 0.7% of GDP to just 0.3% and it was previously 0.5%
What is Bangladesh hdi
0.67, MEDIUM DEVELOPED, 129 OUT OF 193
BANGLADESH GDP GROWTH
5.8%
BANGLADESH MAIN EXPORT
SEAFOOD / FROZEN SHRIMP
TEXTILES.
WHERE IS BANGLADESH MAJORITY ENERGY COME FROM
98% OF ENRGY CAME FROM FOSSIL FUELS
WHAT COMMODITIES DOES BANGLADESH EXPORT(NET EXPORTER OF COMMODITY)
RICE , JUTE(STRONG FIBRES THAT IS UED IN MANUFACTURING), TEA
WHAT IS INFRASTRUCTURE LIKE IN SOME PARTS OF BANGLADESH
- PROBLEMS WITH GETTING CLEAN WATER/SANTIATION IN SOME AREAS, POWER AND ENERGY RELIABILITY IS ALSO AN ISSUE IN SOME AREAS AND RURAL ROAD INFATRUCTURE LACKS IN SOME AREAS.
GERMNAY HDI
0.95 , HIGH DEVELOPED, 7TH OUT OF 193
WHAT IS GERMANY GDP GROWTH RATE 2023
-0.3%
GERMANY MAIN EXPORTS
VEHICLE AND VEHICLE PARTS, AND CHEMICAL PRODUCTS.
WHAT IS THE STATE OF GERMANYS CURRENT ACCOUNT
A CURRENT ACCOUNT SURPLUS
GERMANY MAIN IMPORTS
MACHINERY / CAPITAL EQUIPMENT
WHAT WAS GERMANY’S CURRENT ACCOUNT SURPLUS IN 2024
€246.5 billion
GERMANY ENERGY DEPEDENCE
77.6% FROM FOSSIL FUELS, 19.6% FROM RENEWABLES AND 0.7% FROM NUCLEAR POWER.
WHAT KIND OF COMMODITY DOES GERMANY IMPORT (NET IMPORTER)
RARE EARTH MINERALS
chinas hdi
0.788, high development
poorest regions in china
Tibet
What is an economy that is very dependent on commodity
Zambia is dependent on copper and it makes up 70% of its total export earning
what is irelands cooperation tax rate
12.5%
what is chiles hdi
0.855 very high development
how much did chile’s economy grow in 2024
grew by 2.6%
chile’s main exports
- copper
- salmon and trout
- lithium
-cellulose
-cherries
chiles main imports
- mineral fuels and lubricant
- machinery, devices and parts
- transport equipment and parts
- food products